Fair Isaac (FICO) Stock News

FICO has announced the launch of FICO® Score 10 BNPL and FICO® Score 10 T BNPL, marking the first credit scores from a major provider to incorporate Buy Now, Pay Later (BNPL) data. Set to launch in Fall 2025, these innovative scoring models are designed to better reflect modern consumer behavior and promote financial inclusion. The new scores feature a unique approach that aggregates multiple BNPL loans when calculating variables, potentially increasing FICO Scores for some BNPL borrowers. Developed with input from major U.S. lenders, the scores will be offered alongside existing FICO Score versions at no additional fee, allowing lenders to evaluate the enhanced models while maintaining current operations.

FICO (NYSE:FICO), a global analytics leader, has announced a significant new stock repurchase program authorized by its Board of Directors. The program allows the company to repurchase up to $1 billion of its outstanding common stock through both open market and negotiated transactions. This new open-ended program follows the completion of FICO's previous stock repurchase program that ran from July 2024 to June 2025. The announcement demonstrates FICO's commitment to returning value to shareholders and confidence in the company's financial position.

A FICO survey reveals UK consumers are lagging behind other European markets in real-time payments (RTP) adoption and trust. While 79% of UK consumers have used RTP, this falls behind Sweden (94%) and Germany (83%). Only 35% of UK consumers believe RTP is more secure than credit cards, significantly below the global average of 51%. The lower confidence levels may be attributed to rising scam losses, which exceeded £450 million in 2024 according to UK Finance. FICO's Principal Fraud Consultant James Roche emphasizes the need for UK banks to build consumer confidence through enhanced security measures, clear risk communication, and implementation of scam protection technology.

FICO, in collaboration with the Hispanic 100 Foundation and Congresswoman Young Kim's office, will host a free Score A Better Future™ credit education workshop on June 28, 2025, at the Yorba Linda Public Library. The event, scheduled from 11:00 a.m. to 1:00 p.m. PT, aims to help community members, college students, and adults better understand credit management and FICO Scores. Attendees will receive free FICO Score access and can connect with nonprofit credit counselors. The initiative aligns with California's new personal finance education requirement for high school students starting with the class of 2030. The workshop represents a broader movement to improve financial literacy, particularly targeting the Hispanic community and supporting long-term financial stability through practical credit education and resources.

FICO announced that Guild Mortgage has adopted FICO Score 10 T for non-GSE mortgage loans, marking a significant advancement in credit scoring technology. The new scoring model incorporates trended credit bureau data to better assess consumer credit behavior over time. Early adoption data shows promising results, with 51% of mortgages receiving higher scores and 1.7% more mortgages scoring 740+. Nearly 30 lenders representing over $300 billion in annual mortgage originations and $1.5 trillion in portfolio servicing have joined the Early Adopter Program. Guild Mortgage's implementation of FICO Score 10 T aligns with their mission to serve first-time homebuyers and those with limited traditional credit, potentially making homeownership more accessible while maintaining robust risk management.

FICO (NYSE: FICO) has achieved leadership status in Forrester's Q2 2025 AI Decisioning Platforms report, securing the highest score in current offering among 15 evaluated providers. The FICO Platform received top marks in 13 scorecard criteria and was praised for its excellence in decision authoring, testing, and optimization capabilities. Forrester highlighted FICO's forward-looking vision of AI-driven business goal achievement and its exceptional innovation approach. The platform's superior governance capabilities, including lifecycle management and transparency, were specifically commended. This recognition adds to FICO's recent accolades from other analyst firms, including mentions in the Gartner Market Guide, Chartis Research RiskTech100 2025, and IDC MarketScape 2024, reinforcing its position as a leader in AI-powered decisioning solutions.

FICO's Chief Analytics Officer Dr. Scott Zoldi has been named to Constellation Research's prestigious 2025 AI 150 list, recognizing influential executives driving AI transformation globally. Dr. Zoldi, who leads AI and analytic innovation across FICO's products, holds 103 granted patents and has 40+ pending patent applications. The recognition highlights his contributions to AI innovation and FICO's leadership in responsible AI implementation. The AI 150 selection process, spanning six months, was driven by nominations from industry leaders, vendors, and analysts, identifying executives making substantial contributions to AI advancement. Dr. Zoldi emphasizes the importance of AI innovation, development standards, blockchain governance, and operational expertise in ensuring AI's meaningful business impact.

FICO's UK Credit Card Market Report for March 2025 reveals increasing financial strain on UK households. Average credit card spending decreased by 6.8% month-on-month and 3.7% year-on-year to £735, while average balances rose 4.9% year-on-year to £1,845. The report shows concerning trends in missed payments, with customers missing one payment increasing by 23% compared to February 2025. The average balance for accounts with missed payments is trending upward, with three missed payment accounts averaging £3,220, up 6.6% year-on-year. Credit card cash usage declined for the sixth consecutive month to 2.9%. The data indicates particular stress on established customers (1-5 years) who have missed payments, especially those transitioning from promotional offers to higher APRs.

FICO's Chief Analytics Officer Dr. Scott Zoldi has been awarded the Banking Tech Awards USA's 2025 Tech Leadership Award, recognizing his contributions to Responsible AI, Ethical AI, and Blockchain innovation. The prestigious award, presented at a ceremony attended by over 300 senior industry decision-makers, acknowledges Dr. Zoldi's role in advancing banking technology. As FICO's chief analytics officer, he leads AI and analytic innovation across the company's product portfolio. His impressive track record includes being named as an inventor on 103 patents, with an additional 40+ patent applications pending. Dr. Zoldi's work focuses on operationalizing AI responsibly and ethically in banking, where AI adoption is rapidly accelerating.